Items Tagged with 'GDP'

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Final GDP estimate comes in higher for fourth quarter

Economic growth remains largely the same
While most of the economic data from previous estimates remained largely the same, the fourth quarter’s gross domestic product came in slightly higher on the Bureau of Economic Analysis’ final estimate. Here are the updates to the fourth quarter’s GDP.
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Second estimate keeps GDP at 1.9% growth in Q4

Led by positive contributions from personal consumption expenditures
The second estimate for the fourth quarter’s GDP remained at 1.9%, but one expert says the real story is the increase in GDP from the first half of 2016. While GDP decreased from the third quarter, this was due to a spike in soybeans the faded in the fourth quarter.
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GDP growing, but at slower pace in Q4

Offset by exports and government spending
Real gross domestic product continues to climb but at a slower rate in the fourth quarter than in the third. The deceleration was driven by exports and government spending. The Bureau of Economic Analysis’ first estimate breaks down the increases to GDP in the fourth quarter.
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GDP increased to fastest growth in two years

Third estimate places growth higher than originally thought
As it turns out, gross domestic product in the U.S. increased in the third quarter even more than previous estimates showed. And the strong GDP numbers support the Federal Reserve’s current direction.
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